Mercury Systems Inc. develops secure open-architecture processing technology for aerospace and defense missions. The company’s Mercury Processing Platform spans signal processing, mission computing, sensor processing, command and control, communications, solid-state data recording, and edge processing applications used by defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace customers.
Recurring Mercury Systems news covers quarterly results, bookings, backlog, cash flow, and program demand, along with contract awards tied to space, strategic weapons, satellite, and electronic warfare applications. Company updates also include production capacity actions, specialized manufacturing capabilities such as the SolderMask acquisition, and product activity around radiation-hardened or radiation-tolerant storage and processing subsystems, RF modules, ARES radar environment simulators, and mPOD jammer training pods.
Mercury Systems (NASDAQ: MRCY) was awarded a contract by L3Harris to supply solid-state data recorders (SSDRs) for the U.S. Space Development Agency Tranche 3 Tracking Layer satellites. L3Harris will build 18 infrared Tranche 3 satellites; Mercury will supply its highest-capacity, radiation-tolerant 3U VPX SSDR for those spacecraft.
Mercury previously delivered SSDRs for Tranche 0, Tranche 1 and all 18 Tranche 2 satellites and says it is increasing manufacturing capacity to support accelerated U.S. defense production.
Mercury Systems (NASDAQ: MRCY) completed the acquisition of SolderMask, Inc. to expand manufacturing capacity and support higher-rate production.
The deal closed March 3, 2026, transfers SolderMask assets, intellectual property, and its five-person workforce, preserves Huntington Beach operations, and establishes a parallel production line in Phoenix to increase throughput.
Mercury Systems (NASDAQ: MRCY) reported Q2 FY26 results for the quarter ended December 26, 2025, with bookings of $288 million (up 18.6% YoY) and a book-to-bill of 1.23. Q2 revenue was $233 million, GAAP net loss $15 million, adjusted EBITDA $30 million (12.9% margin), operating cash flow $52 million, and free cash flow $46 million. Total backlog was approximately $1.5 billion, with $807 million expected within 12 months. Management highlighted record first-half revenue and a conference call scheduled Feb 3, 2026.
Mercury Systems (NASDAQ: MRCY) said it won contracts totaling more than $60 million for two U.S. national security programs announced Jan. 15, 2026. One award is a development contract extension for a large strategic weapons program, continuing work originally awarded in 2023 and running through 2031 with additional flight‑testing unit deliveries. The other is a new contract to supply radiation‑tolerant wideband storage and processing subsystems—now in production with AMD Versal AI Core FPGAs and 4.5 TB drives—marking a second customer for that subsystem after a 2024 award.
Mercury Systems (NASDAQ: MRCY) will report second quarter fiscal 2026 results after market close on Tuesday, February 3, 2026. Management will host a conference call and simultaneous webcast at 5:00 p.m. ET to discuss results, business highlights, and outlook.
Participants should register at ir.mrcy.com/events-presentations, preferably a day in advance or at least 15 minutes before the call. A replay will be posted two hours after the call and archived on the same page for six months.
Mercury Systems (NASDAQ: MRCY) will showcase an expanding portfolio of electronic warfare (EW) capabilities at AOC 2025, Dec. 9-11, at booth #616. Company leaders will present on spectrum operations and EW strategy, including participation by Dr. Bill Conley and sessions led by Ken Hermanny on Dec. 9.
Mercury will unveil the DRF4581L direct RF digital signal processing module (≈1" height, 3" width) using the Intel Agilex 9 SoC FPGA AGRW014 with across four channels. A live RF demo will feature the production DRF4580L module. Mercury notes its products are deployed in 300+ programs across 35 countries and the company has more than 20 locations.
Mercury Systems (NASDAQ: MRCY) reported Q1 fiscal 2026 results on November 4, 2025: revenue $225.2M (+10.2% YoY), bookings $250.2M (book-to-bill 1.11), and a record backlog $1.4B (up ~6.5% YoY).
GAAP net loss was $12.5M (loss per share $0.21). Non-GAAP results included adjusted EBITDA $35.6M (15.8% margin) and adjusted EPS $0.26. Operating cash flow was $2.2M and free cash flow was $(4.4)M, both improved versus prior year.
Corporate actions: Board authorized a $200M share repurchase program and amended the revolving credit facility to $850M maturity extended five years; outstanding revolver balance was $591.5M as of the amendment.
Mercury Systems (NASDAQ: MRCY) said it was awarded a multi-year, cost-plus-fixed-fee development contract in September to build a multi-mission, multi-domain subsystem for a U.S. defense prime contractor. The program will use the Mercury Processing Platform capabilities including advanced microelectronics packaging, mixed-signal conversion and distribution, thermal management, and chassis-level integration.
The company said the award enables rapid development, trusted integrated solutions, and transition to high-rate manufacturing to support multiple national security platforms. The release reiterates standard forward-looking risk factors affecting program funding, timing, supply chain, and execution.
Mercury Systems (NASDAQ: MRCY) will report first quarter fiscal 2026 financial results after market close on Tuesday, November 4, 2025.
Management will host a conference call and simultaneous webcast at 5:00 p.m. ET the same day to discuss quarterly results, business highlights, and outlook. Participants should register at ir.mrcy.com/events-presentations and are asked to register at least one day in advance or at minimum 15 minutes before the call. A replay of the webcast will be available two hours after the call and archived on the same page for six months.
Company contact: Tyler Hojo, CFA, Vice President Investor Relations (Tyler.Hojo@mrcy.com).
Mercury Systems (NASDAQ: MRCY) will demonstrate an AI-powered integrated threat detection solution at the AUSA Annual Meeting & Exposition, Oct. 13-15, 2025, booth 1115. The company will show a FACE-compliant Aided Target Recognition software running on CMOSS-aligned small form factor processors and display hardware to pinpoint targets, detect distant threats, monitor movement, and share actionable data across networks.
The solution has been proven in government-sponsored flight tests supporting coordinated drone swarms and manned-unmanned teaming. Meetings can be scheduled at AUSA or by visiting booth 1115.